“I am grateful to our friends from the USA, France, Germany, Italy, Canada, Britain for the obligation to disconnect several Russian banks from SWIFT, paralyze the assets of the Central Bank of Russia, and prohibit Russian oligarchs from using their financial assets in the Euro-Atlantic markets,” he wrote on Twitter.
The German Cabinet, following the results of negotiations between Western leaders, previously stated that Russian banks that fell under the sanctions of the international community, and, if necessary, other credit organizations from Russia, would be excluded from the international SWIFT system.
The statement said that these measures are aimed at isolating Russian institutions from international financial flows in order to limit their global activities.
In addition, Russians will be limited access to the system of "golden passports", which allowed wealthy people to become citizens of other countries.